Professional Certificate Smart Inventory Control for Businesses
-- ViewingNowThe Professional Certificate in Smart Inventory Control for Businesses is a comprehensive course designed to enhance your skills in inventory management. This program emphasizes the importance of effective inventory control in business operations, teaching you how to reduce costs, improve efficiency, and increase profitability.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Setting Up an Inventory Control System
โข Importance of Accurate Data in Inventory Control
โข Demand Forecasting Techniques
โข Inventory Reordering Methods: Reorder Point and Economic Order Quantity (EOQ)
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Implementing Inventory Control Software Solutions
โข Continuous Inventory Improvement: KPIs and Best Practices
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